Discover and read the best of Twitter Threads about #LaborLeverageRatio

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Context for understanding rising quits.

Corporate profits are through the roof and have been rising extremely quickly.

Employers unwilling to share the value that their workers help create are getting push back & attrition as workers move towards employers who do.
Switchers are getting faster growth than stayers.

This measures wage growth trends within the same worker over time, reducing issues with changes in who is employed.
There's been some acceleration in wage growth, but nothing like the acceleration in profit growth.
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